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Forex Market Alerts
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0
EUR/USD, AUD/USD Flows − EUR, AUD down on Asian sales, Cross/JPY on risk aversion
Tue, Nov 24 2009, 06:25 GMT
by FXMarketAlerts Team
Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 06:12 (GMT) 24 Nov
Fresh waves of selling in EUR, AUD, GBP, EUR/JPY, AUD/JPY, GBP/JPY down on risk aversion, with talks large Asian accounts, China, UK clearers, US investment banks almost the good sellers after the "rebound" high, with some focus on China stocks fall and new restriction on banks - more next and also concerns over US housing/ mortgage and global banks, including WestLB. EUR/USD hit lows of 1.4929, down from 1.4955-60, eye stops below 1.4900, more bids at 1.4880/50. AUD/USD hit lows of 0.9190, down from 0.9220-25, eye stops below 0.9150, and 0.9100 handle again, as AUD/JPY, EUR/JPY, GBP/JPY lower. EUR offers at 1.4950/ 1.5000 again, AUD offers at 0.9230-50. GBP offers 1.66.WL
Published on Tue, Nov 24 2009, 06:30 GMT
Archive
- EUR/USD, USD/JPY Flows - FX markets consolidating gains, equities doing the same
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